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Credit Report: Eagle Bank Visits Local Schools in Honor of National Get Smart About Credit Day

Pictured is Tyler Otfinoski of Eagle Bank, with a group of stu¬dents during the Get Smart About Credit day presentations at Everett High School.

On October 27, Eagle Bank staff visited Everett High School as part of the Get Smart About Credit program. The Eagle Bank personnel spoke to students in teacher David Babineau’s Finance classes about the different types of credit and the responsibilities that come with acquiring credit. The Eagle Bank staff members included Adriana Indrisano, Financial Education Coordinator, loan officers William Nolan and Tyler Otfinoski, and Christine Falzarano, Vice President of Retirement Services and Fortune 50 director. They spoke to a total of 55 students in three sections of the class. “The kids really responded to it,” Babineau said. “It’s helpful when they see people in the field that deal with the topics we have been discussing in class.“

Get Smart About Credit is a national campaign sponsored by the American Bankers Association in which bankers volunteer to help young people develop responsible credit habits. The idea is to present to students the financial facts of life so that they will be better prepared to manage their personal finances as they enter adulthood. Get Smart About Credit is one of several financial literacy programs Eagle Bank will be implementing in Everett Public Schools this year. Others will include Reward Yourself, a creative savings program; Junior Achievement, a program which will educate students in personal finance; and Teach Children to Save, an initiative in which elementary school students will learn the value of saving and money-management skills.

Eagle Bank, Everett’s first community bank founded in 1889 offers a wide range of retail consumer banking services, as well as a complete portfolio of commercial retail and lending products and services. As a member of the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), depositors’ funds are fully insured. For more information please call (800) BANK-EAGLE or visit us on the web at www.bankeagle.com.